According to CoinDesk, Argentina’s National Securities Commission (CNV) is considering establishing regulatory requirements for crypto companies. The anti-money laundering law being discussed in Argentina’s Congress clarifies CNV’s jurisdiction over virtual asset service providers. If the law is passed, CNV plans to consult with the Argentinian crypto ecosystem to seek their input when developing regulations. A CNV source said that "the worst-case scenario is that supervision cannot be implemented." Under the bill, crypto companies must comply with requirements including the protection of users, security and efficiency of operations, security of public savings and anti-money laundering. CNV stated that the new requirements for crypto companies are mainly to comply with international standards required by the Financial Action Task Force (FATF), which will be evaluated in Argentina in 2024.